2016 Will Be One Disaster After Another-Egon von Greyerz

Financial expert Egon von Greyerz says the recent Fed rate hike will not help the financial markets. Greyerz predicts, “I think we will have one disaster after another, first in the junk bond market, then in emerging markets and, after that, the subprime markets. Subprime car loans and student loans I see as another massive problem area. It is going to be one thing after another that will unravel. Since 2008, when the world almost went under, we have printed or increased credit by 50% or by $70 trillion, and the world economy is still struggling to survive. I think the real change in confidence will come down when markets come down. . . . I think things will come down very quickly.”

Von Greyerz, who was a top European banker and stock market expert for nearly 20 years, points out, “World trade is coming down dramatically. . . .The Fed is totally out of sync with reality. This is a world market. The U.S. is not an island unto itself. . . . The sad think is the Fed has created a massive bubble. They should have increased rates a long time ago. By not letting the market forces take their due course, we now see in the U.S. the most massive asset bubble ever in history. That would not have happened if they would not have kept interest rates at 0% for 7 years. . . . There is nothing that justifies a rate increase, at this point, except the face saving measure taken by the Fed. They had told the market this, and they didn’t dare to do anything else. . . . I think what will happen now is this quarter of percent will not last for very long. It will have to come down. . . . All the indicators are that we are going to get shocks going into 2016, and their increases they are forecasting are not going to happen. It is more likely that they are going to lower rates.”

On currencies, von Greyerz says, “I think currencies worldwide will continue to come down, and the dollar is overvalued and is going to come down. Of course, that will mean people will start selling bonds. We know that the bond market is the biggest bubble in the world.”

Von Greyerz goes on to say, “I do not think the banking system will survive in its present form because the amount of debt outstanding will never be repaid. They will start with bail-ins, but that won’t be sufficient. Sadly, the depositors’ money will not be sufficient. To stop bank runs now, they are stopping people from taking out cash. That is not what people are going to want to see in the next year or so.”

So, what is the timing of the coming calamity? Von Greyerz admits he does not know, but contends, “We are not just talking about the U.S., we are talking about a global level. . . . Once it turns, it is going to happen very quickly. So, when will the turn come? The turn will not only be in the credit markets, but it will also be in the stock markets, and there will be a total loss of confidence. I am happy to admit that I thought these things would have happened already. I have been premature, but I look at risk. To me, you have got to buy your fire insurance before the fire, and we are likely to have a fire in the near term future.”

About the Author

Greg Hunter

Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.

I fear for America. It is no longer a Christian nation. In the old testament whole nations were destroyed for child sacrifice and sodomy. The amount of babies killed to day dwarfs any thing in history.

Wow… What a powerful testimony to a fallen people. We are in fact, “a society that tolerates evil.” And yes, America will face its Day of Judgment. We should be more concerned about saving our souls, than saving a wicked nation.

Americans who call themselves Christians make me sick. They agonize over America’s demise. Yet every Sunday they sit like sheep while their pulpits are silent and complicit to America’s holocaust. Christ specifically warned us about ‘hirelings’. (John 8:11-12) Pastors are supposed to be shepherds protecting us from the wolves, even laying down their lives if necessary. Show me where your pastor is publically taking the fight against this evil. Yea right, I’ll hold my breath. American pastors have sold their souls to evil.

You ask, ‘What can America’s House of God do to fight overwhelming tyranny?’ I suggest you ask King George.

Christians, vote with your feet and abandon these hirelings. Home-church if necessary, or find a Liberty Church. But stop supporting them.

Grafique. ….your church is to be applauded if it is shinning its light in a darkened world,many however are NOT doing this,even though they may think they are!

“Not everyone who says to me, ‘Lord, Lord,’ will enter the kingdom of heaven, but only the one who does the will of my Father who is in heaven. 22Many will say to me on that day, ‘Lord, Lord, did we not prophesy in your name and in your name drive out demons and in your name perform many miracles?’ 23Then I will tell them plainly, ‘I never knew you. Away from me, you evildoers!’ Matt 7:21-23
I think Dianne was making a valid point.

Fighting it to no avail Grafique; I mean look around, looks to me like any fight against abortion is a nominal self-soothing exercise at best. I don’t see any evidence what-so-ever of any effective effort to stop or even curtail any of the crimes going on; as a matter of fact, to look over the past few decades things are steadily getting worse…heck, you still think we can solve these problems at the ballot box.

Greg,
Below is the company a previous comment referred to as laying of 4800 employees. You had asked them which company it was. The company’s explanation seems innocent but there might be missing information between the lines.
I find it irksome when posts just refer to an unknown company or they say “I work for a major company” an don’t name it.

Bell says the gasoline and convenience store chain will direct-deposit paychecks into employees’ bank accounts on Monday. She says the company will help employees who have a “critical need” for immediate paychecks and will work to resolve additional fees to employees related to the late checks.

Bell says the company has apologized to employees for the delay, which could be especially difficult since it’s during the holiday season.

After seeing this guy make the same predictions on KWN for long about — what now, (7) years or so…? The cartoon actually seems more on target… 50,000 ‘Kronkites’… I always wondered if Warner Bros. intended a compliment, or an underhanded slap at the old globalist, but who knows…

The Student Loan Market has become a complete disaster. There are so many “Diploma Factories” that there’s a school of some sort on just about every corner. I live in the South, and there is a church on every corner, yet those diploma factories are in every shopping center and business park here.
The Federal Government’s confiscation of the Student Loan Market is now handing out Student Loans like it’s Halloween. There is basically no requirements to get a student loan, besides the ability to sign the application.
Just as the National Debt will never ever be paid back, there are numerous defaulted student loans that will never be re-paid. The interest in 90% of the cases of defaulted loans are 3x what the original loan amount was.
It surly doesn’t help matters when Congressmen like John Kline from Minnesota roadblocks any help. He refused to allow a Bill to pass committee that would have allowed ALL defaulted Student Loans to be re-financed at 0.075%. Yet, he pushed through a Bill that allowed Federal Family Education Loans (FFEL), to be charged as much as 10%!! And, of course Obama signed it.

There is no getting rid of student debt via bankruptcy. You carry it to your grave and then they hand it to your kids. Mine was paid long time ago. Didn’t borrow much. Wife still has some as she went back to school later in life. She has never missed a payment ever since the day she graduated. We have tried to lower interest rate but they tell you to basically gth.

However, on the other hand, you have millions who claim hardship in January. They don’t make enough money (or so they claim and we have seen this personally) to pay their debt so they are deferred for the rest of the year. But, the interest she a keeps on racking up. All of these pieces of crap are hoping that somewhere down the line they will have some progressive politician write some bs bill so that their debt will be cancelled or forgiven. Boo hoo! I didn’t get a fair chance! Fuqm George.

They borrowed the money, they need to pay it back. No exceptions. In a perfect world, only money that is paid back should be available to relend. That is why it is one of the biggest bs bubbles out there George. I am all for a very low interest rate but that is it.

What students/individuals are hearing thru the ultra-weak leadership that we have had in this country for decades is free. Just like the failed healthcare scam instituted by the same and tried by others.

The majority in the US is now the weakest and most pathetic with the highest in expectations and lowest of ambitions. This has happened before and won’t end well this time either.

FANTASTIC interview!
Joins you, Greg Hunter, as a truth teller. Did I hear him correctly?…. “Of course it will, dude” at 3:24? Love this man, especially his opinion to END the damn FED. I’m hugging my stack and hope you are too. Premarket DOW trading already down over 300 points (http://money.cnn.com/data/premarket/?iid=H_MKT_QL)…..don’t know if it will hold thru the night, but a negative omen it is. I wonder if the “elite” are taking their fiat currency and scrambling like roaches into their bunkers. My wish is that their bunkers turn out to be “roach motels”.
As an aside here is the Senate vote on the Omnibus along with Sen. Cruz’s reaction:

The garage has corrected my 6 grade spelling, but when they need my help I will always be there.
Petals.
I knew a man that had no schooling that worked his way by trail and error. He got his home and bills paid for and retired at 39 years old. Spelling is nothing if you get my point.

I’m not sure if any investment vehicle will protect you at this point in time. It’s a good idea to have some physical gold and silver. Also, with the current condition of medical care, it is a very good idea to get into good physical condition and maintain good health. Pray. That’s about it. I for one welcome the reset that is coming. It is long overdue.

@Snorky : I think they are running out of the easy and obvious ways to keep this system intact given the huge debt and rigged fundamentals. Exporting dollars and inflation only works for so long and that chapter is coming to a close. I believe the next chapter is hardball like the 1930’s expect with a 30% inflation rate for several years. We’re just getting warmed up mate! My concern is we haven’t seen anything yet folks but a mere taste of what’s to come.

Well, another kicking the can down the road prediction, 2016. I noticed you Gregg tried to get him to predict a date or time, he was smart enough not to bite after proclaiming for so many years that the sky is falling. Jerry talks about what actually happening, and these are events that are taking place as I type. Let focus on facts, not dooms date dates and what it will look like. Nobody knows, and nobody knows. China, BRICS, AIIB, IMF, Reserve Status, PETRO, these are things we need to focus on, if it’s as bad as everyone says the dollars days are coming to an end.

The reality is that the psycho elites in charge of military, fiscal and monetary policy are desperately trying to maintain the status quo of corruption, lies, manipulation, bribes, payoffs, blackmail, etc etc etc to retain their POWER. They will go to any end, even WWIII, to accomplish this. Who knows the timing when the SHTF?? It’s almost immaterial. All us peons/debt slaves can merely prepare for whatever comes and hope we and ours can survive. Hopefully, we will live to see the retribution via a quillotine, or noose or firing squad. I’d start with those who planned and implemented 9/11.

OK Greg, at this point I think one must put aside the bumbling incompetence or stupidity of the Fed theories. As you’ve stated many many times over the years, “They know what we know”, they just happen to be pulling all the strings veiled in a shroud of mystery.
We know it’s all manipulated. I think at this time trying to analyze any of this using traditional data, statistics or even logic is just mental masturbation. I’m starting to think they do have complete control and the entire thing including controlled opposition. It’s all theatre……….This interview for instance: ” next couple months, within a year. election cycle( what ever happened to the last election cycle- that never really matters either) 2018…it’s getting ridiculous. In this interview it will unwind slowly and gradually-a few interviews back Bill Holter said it could all unwind in 48 hrs……The fact of the matter is any analysis is moot. Even Schiff tiptoes around saying it is simply manipulated. When the switch is flicked we will see. How can it logically be a result of “people loosing faith”? Who with a functioning brain could actually have faith. More than faith, honoring this system has to do with the gun pointed at your head. When that changes, things may unwind.

C A D honoring this system has to do with the gun pointed at your head . That is what keeps the people safe. Not paper money. Not gold. Not a respectable president to guide us. no It is my 12 gauge on there forehead they fear. Hold your guns, never let your gun be taken. Without guns we the people are helpless. DEAD.

Greg for what I have been told the fed did not do a conventional int rate hike. It was a rate range hike that applies to inter bank exchange only. I had never herd of such. Is this true? if so this rate hike is a smokescreen, something much bigger being wrong.

So many of the commentators you have had on lately are all doom and gloom. Doom and Gloom doesnt solve problems. Complaining doesnt help. Solutions need to be sought and constructive remedies need to be tried. The Republican answer is always to just criticize and do nothing. They blame the democrats when all along it was George W Bush’s buddies that bankrupted the country back in 2008. Thank God we have come a long way since then, but there is still so much to do. If we had elected Hillary back in 2008, things would have been different, but people rallied around Obama and so we have only partially recovered. However, we have a second chance. Hillary is running and providing us one final and last opportunity to bring back the Clinton prosperity of the past. Is America willing to make a move in the right direction and elect someone who has their best interests at heart like Hillary does ? If not, then your alternative is to elect Jeb Bush or Donald Trump and then you can have mayhem and anarchy. Its your call America !

Hillary is a criminal that likely cause a national security breach with her unprotected private server. Hillary needs to be indicted under the Espionage Act and “Gross Negligence” is the first of many charges that should be brought. You better warm up that “Go Biden” campaign chant.
Greg

Greg, I hate to tell you this but Gina is probably not a human being, by this time it is becoming obvious. These comments from “Gina” are probably ultimately coming from some automated system—you have banned others from the comments board for less, not saying that less is not enough, but less none the less.

Many real democrats do think that way. I was at a party of my wife’s best friend . Her brother is gay and he came with his husband and family. I was shocked listening them robotically repeating all the liberal talking points to no end.

I didn’t want to get involve in their conversation because I didn’t want to spoil the party. They were complaining about the raising premium and deductible of ObamaCare but they all blamed the republicans for that fiasco. I had to take a long shower after I got home.

Greg,
There have been some gross misunderstandings to be sure, but certainly nothing criminal. If you’ll just look at the situation with an open mind, you will see a good hearted person with integrity committed to the well being of all Americans. She stands up for all of us and will continue to do so after she is elected to office, which thank God will be soon. She wont be charged with anything because there is nothing to charge her with and she is way ahead leading in all of the polls, so dont lose heart. I only hope that not too much more damage is done between now and the end of the year with all this Republican led budget pandering to Obama’s now almost reckless agenda.

Greg, if you look at any of the accusations, they dont stand the funny look test. Someone said …. It was reported that ….. It has been speculated that ….. So and so feels that ….., but no real smoking gun. Just the familiar claims by right wing extremists trying to trump up a situation that has no basis in reality. Take and honest close look for yourself Greg. Have an open mind and look at the evidence. At the end of the day, do you really see anything that even remotely resembles criminality ??????? I am certain the your answer will be unsure if you take an honest look at the facts.

Greg,
I guarantee you that not one charge shall be levied against her. Not one. I could make a rich bet out of this but I wont. but as sure as I am sitting here, I can guarantee two things. Hillary will never be charged with a chrime, because she has committed NONE — and whe will be elected President of the United States. We have the numbers. Its a fact. I was talking with my girlfriend who is friends with Debbie Wasserman Schultz and we can be assured that this time, we got this case cold. Hillary will be president. Hillary will win this time. It is destiny. It is written in the stars. It is a forgone conclusion. Slam Bam Thank You mam cause Hillary WINS ! By a LANDSLIDE this time.

Gina,
Hillary has been nothing but dishonest since her days in Arkansas. One scandal after another. She is a Saul Alinsky followr who will try to take the government even further left. I would love it if a reporter would ask her about the paper she wrote about Alinsky in college. Obama told us exactly what he would do, and he has done it. She is telling you the same. If you want to live under a tyrant vote for Hillary. Look how she roped off the press during one of her visits to the people! Look how she lied about Benghazi. Look how she has lied about her emails. Her list of transgressions is long. The was one scandal after another when she was First Lady. She is arrogant and entitled. The Secret Service have her at the bottom of the list because she is such a pain to deal with. This is who you want as President of the United States?

Greg- totally agree about Hillary. In fact, Obama should also be impeached for not following his oath to uphold the Constitution (understatement). For those who are Republicans, nobody is opposing Obama’s agenda. Election after election and nothing happens. Paul Ryan just passed a horrible spending bill ignoring the Republican base so he is suspect too. The finances and the politics are all coming to a head soon. You can just feel it. Keep up the great work. Best Regards, Jeff

Hillary is a crazy ,mean old lady,she is also a lying crook, responsible for deaths in Bengazi,and under investigation by the FBI for these criminal charges. People do not like her.
I agree with Greg Hunter. Biden is very likely to be the candidate of the Democratic party. GINA M………..
I suspect you are a troll…working the blog boards for Hillary under assumed names.

Funniest comment I have read in quite a long while. And you seem to say it all with such a straight face. Kudos, Gina and good luck with your career in stand-up. I see a great future ahead for you! Just remember the little people when you strike it rich.

Gina . Are you nuts. Obama has doubled the nations debt in what will be
8 short years. Spent as much money as all the prior presidents combined.
All that money spent and nothing to show for it. He has weakened the country with his policies.

Gina is back and my BS trollmeter just went off the charts Trump seems to be the only one who could possibly return some sort of order to our country After he is elected his demeanor will be toned down as he wont need to incite his supporters and I believe he is the ONLY choice if we are to have any chance at all but that’s me I guess

Gina, welcome back. Your comedic contribution regarding your loyalty to HC is priceless. Hillary is toxic and the Dems know it. They have written off this election and are giving her just enough rope to hang herself. That way, the democratic party can write off their debt to her for being a good little soldier. She is a pathological liar, as well as a criminal. We can toss in ignorant as well. Anybody and I mean anybody will have a field day running against her. She is packing years of blunders going all the way back to her college years. The only thing saving her from the prison chow line is that she knows where a lot of skeletons are buried. She won’t be able to carry her water (or hold it) in a debate with Trump or Cruz. Her life has been an example of degradation for all women, everywhere.

Before you discard this information as news fluff, look a little deeper. Zimbabwe does not want to wait to use it. They want to use it NOW. To me it screams “make room on that lifeboat for me” I want off the U.S. Titanic.

Addendum to my last post.
It occurred to me, that Zimbabwe was strategically chosen by China because of their geographic location more than anything else. Its all coming together like spokes tied to a hub in a bicycle wheel. China is setting up Yuan trade hubs around the world wherever it goes.

The bigger question is where is the Fed hiding all the Treasuries that are being dumped back in the market by these countries? Belgium? Full. Japan? Bursting at the seams. I guess we’ll find out soon enough.

The article does not say that Zimbabwe is going to use the Yuan for trade instead of the dollar. It says Zimbabwe could start using the Chinese Yuan alongside the United States dollar. They probably also use the Euro for trade. And why would they not want to ALSO use the Yuan for trade since China is Zimbabwe’s second largest trading partner. The article gives reasons for using the Yuan at times for trade. Nothing shocking in the article. What they are doing makes sense. They are not jettisoning the dollar or the Euro for the Yuan. They are just adding another option that would have benefits in some cases. You seem to be reading more into this article than what is stated to which I do not agree. But thanks for the updates on China. I look forward to your posts on that subject.

I do not look at ongoing events with the Yuan through American filtered economic lenses. They are skewed by propaganda put out by western cabal controlled media, and neither should you. These are the facts:
. The United States is a debtor nation that produces nothing.
. The United States has a debt based economic system based on a Ponzi scheme of buying and selling its own bonds.
. The United States has corrupted free trade with market manipulation.
. The United States has nothing left to back its currency with other than Petrol ( which is imploding ).

China and the BRIC nations have no intention of competing with the dollar in the current corrupt IMF system. They are planning on breaking completely from it with their own system. This has been their plan since 2007. Going back to a gold based free trade system is their ultimate goal, and any Americans who wish to survive the coming ECONOMIC RESET had better grab ahold of that reality with both hands.

Here is a prime example of the United States cutting off its own nose to spite its face. Collapsing oil prices to financially attack Russia and Iranhttp://aa.com.tr/en/economy/saudi-arabia-to-pressure-russia-iran-with-price-of-oil/112296
Dah……collapsing the very thing the dollar was pegged to was a very stupid strategy, or was it planned? Because once we have completed the financial destruction of our OPEC allies, that will be the end of the petrodollar as we know it. The financial chickens (in the form of Treasury Bonds) are beginning to come home to roost.

Greg, always liked this guy. He has a good feel for markets. I struggle to make since of some of the market chaos, and like him, thought they wouldn’t be able to hold it to gather this long, but I’m sure, in the near future will see the dominoes begin to tumble. The metals have taken a beating the last three years or more, and those that bought them are in the red pretty severely now. All I can do, is hope at some point, they recover, and I can recover losses. I’m still not sure how this will play out, as to time. A long drawn out thing or something that plays out in a fairly quick fashion. I think probably will go along and at some point something will happen, were, will go from a slow motion break down to a trigger that allows a free fall in the system and to a forced reset of all assets and currencies by a global body. If you have any insight, I’d appreciate a comment my friend. You did a good job as always. Farewell

Greg I watched the dem debate. The whole time I kept thinking SNL is going to have a good time with this. Sanders came off like a drunk mad man that lives in a homeless garage I rent out. Hillary came off like the mistreated rich kid that did not get the end piece of a cake. Omally the smartest tooth pick on the table had no clue there was a stake dinner waiting on him. Let me do SNL.

Don’t be offended; but in case you might be interested, this gentleman’s name is not pronounced EE-gon von GREY-ers, it’s AY-gon fun GRY-erts. It bugs me! Just a thought for you for the future. Thanks.

hoops……
Of all those on the political stage, Hillary has got to be the prime example of hypocrisy and ridiculousness, yet the least exposed by SNL. Trump, etc, can’t hold a candle to this grotesque impersonation of a forthright human being.

We’re doomed!… Oh but wait, I forgot… God is watching and He sees he rot. He’s making a list and checking it twice, to see who’s been naughty or nice. / We shall see eventually. Everything is speeding up, due to our technology, but we’re still acting out like primitives. Unfortunately it’s looking like ‘Planet Of The Apes’. We need plan B asap. But Superman will do. It’s now obvious why the Lord said that the days would be shortened in the last days to spare some lives. It has arrived and we’re staring at it.

Cry Me a Ruble 12/20/2015 •
Greg,
The latest revelation from Bill Holter which may contain long awaited info we have been looking for. From jsmineset.com 12/19.

Dear CIGAs,
Normally it’s not a good idea to write about the same subject twice in a row because not much can be added and reader boredom sets in. What happened last Wednesday deserves another look because I believe it marked a huge pivot point and very few are even talking about it. Last Wednesday the Fed raised rates one quarter of a point but that was not the big story. The big story was the about face the U.S. did geopolitically!

We saw markets around the world convulse on Thursday and Friday. All attention has focused on the Fed rate hike which no doubt was a contributor. How wise was it for the Fed to tighten credit conditions on a system already struggling and burdened with debt? There is no arguing we have systemically moved from the 2008 crisis which is now widely understood as a “credit event”, into an even more highly levered situation. The recovery that never was is now met with a central bank’s policy error.

I believe the “tell” on Friday was a weak dollar. Much of what happened in the markets could have been expected as reaction to the Fed tightening credit conditions …but not a weak dollar. The meeting between Mr. Lavrov, Mr. Putin and John Kerry far overrides anything the Fed could have done or said in my opinion. The foreign policy about face where Mr. Assad no longer “needs to go” and Turkey being ordered to withdraw troops from northern Iraq was astonishing! These statements were followed by Mr. Putin establishing a no fly zone over northern Syria. In another twist, Turkey still maintains Mr. Assad must go and they are refusing to withdraw troops from Iraq http://www.zerohedge.com/news/2015-12-19/turkey-blasts-breakthrough-un-resolution-syria-it-lacks-perspective-assad-must-go. When in your lifetime have you ever seen anything like this? An “ally”, ANY ALLY publicly denying U.S. will? We all saw an IN YOUR FACE BLACK SWAN but few have recognized it yet!

We have no idea what was “told” to Mr. Kerry, we do however know he was “TOLD” something and in no uncertain terms. As you know, I have been in the camp thinking Mr. Putin (supported by China) would drop some sort of “truth bomb”. I originally thought this truth bomb would have at least some ties to 911 because the outrage this would create amongst the U.S. population. No doubt it would create a stir but I’m afraid we are just to dumbed down to really even care anymore. After pondering this further it occurred to me I have missed the obvious. What is the ONLY thing the U.S. has left and the final pillar of support? What is the Achilles heel? The dollar and the ability to issue endless debt!

I believe it is a high probability Mr. Kerry was told what he already knows. Russia and China know, you know, I know, the whole world knows …the U.S. is broke! We have “faked” solvency for many years. The insolvency really appeared in 2007-2008 but “damn the torpedoes, full steam ahead” we went … We were even “aided” in this effort to hide our insolvency by China who bought our debt until the 2011-12 timeframe. In short, we were given enough time and “rope” to hang ourselves!

I believe it is most likely Mr. Kerry was given an ultimatum by Mr. Putin who spoke on the behalf of China …either play the game by our rules or we will pull the plug financially on your shell game. The U.S. has toppled regimes and assassinated rulers over the petrodollar and the recirculation of capital back through our Treasury market. It is highly likely the threat of wholesale dumping of Treasury securities was unveiled! Please do not tell me China would never do this, they know the position is ultimately valueless and the reason they have accumulated so much gold and gone all over the world tying up resource properties http://www.mining.com/feature-chinas-scramble-for-africa/. China (and Russia as their bulldog) hold the key to exposing the fraudulent financial system of the West. Everything, and I do mean EVERYTHING we in the West believe in as value has “Treasuries” as the foundation. Kill the Treasury market and everything goes. Stocks, bonds, real estate, pensions, retirement accounts …it ALL GOES and “power goes with it. China has the ability to do this!

Think about this for a moment, Russia and China have been stockpiling physical gold for years. China is in the process of “pricing” gold with their equivalent to the London fix …only theirs will be physical where actual physical trades set price as opposed to paper contract shenanigans. We know gold has been in backwardation in London for quite a while, this impossible market scenario finally reached the COMEX last week. We also know the December delivery will take everything the COMEX claims to be able to deliver. Do you really believe Mr. Putin does not know all of this? Do you really believe he doesn’t know the “gold scam” is at the very center of our grand Ponzi scheme? Mr. Kerry now knows, “they know”?

Please do not laugh at this because the gold China has been gobbling up has pushed the supply demand equation into deep deficit for quite a few years now …and the gold had to come from “somewhere”. For the U.S. to all of a sudden acquiesce geopolitically after ruling the world with an iron and immovable fist is a HUGE change. This “change” obviously has a reason behind it. The reason can only be military or financial and could be both? Can a country fight a war if it is bankrupt and cannot finance the war? Was John Kerry informed of this little inconvenience?

Rational minds do not want World War III, those who need to cover up fraud must have it. I can only think the threat of exposure and or destruction of the mechanism (Western financial markets) used to project power has forced the U.S. to back off. The Fed does not have the power to absorb Chinese selling and no amount of market/mind/media manipulation can stand against the destruction of our paper markets should the Chinese choose to do so. The other side of the Treasury dump card is of course breaking the paper metals market. In today’s scheme of things, less than half a ham sandwich could do it! And the irony of it all? They only need threaten to do this …

The above is speculation on my part but it is obvious “something” really HUGE just changed and the U.S. no longer appears to be calling the shots! In my eyes it is also obvious “what” it was. The U.S would not back down for ANY reason other than one financial. Then one must ask where the U.S. vulnerable? The ability to issue the world’s reserve currency the dollar, the ability to issue unlimited debt and the dirty little “empty secret” called Fort Knox! I believe we are seeing the very beginnings of a “new world order”, decisions are being made where the public can deduce were not “made in America”. This could be a very interesting shortened week after the gyrations Thursday and Friday. I have said for quite some time, once the unravelling begins it will go very quickly. We will soon know for sure whether the great unwinding has truly begun. I believe it has!

Could it be the black swan we have been looking for already landed and in your face fashion but very few have recognized it yet? No one could have foreseen the U.S. being “ordered” to do anything, yet this is exactly what appears happened last week!

Standing watch,

Bill Holter

I personally believe we have seen the “black swan” in that the United States is clearly no longer running the affairs of the world. The markets only now need to catch up with that information.
Cry Me a Ruble

And what about the imminent implosion of the Comex due to the 300 to 1 leverage? Wasn’t that his black swan a month ago? Some day he’ll get one right and be a hero and everyone will forget the 99 wrongs.

I saw four angels . . . holding tight the four winds of the earth.—Rev. 7:1.

When the angels unleash the winds of destruction, what will happen then? Babylon the Great, the world empire of false religion, will meet her deserved end. “Peoples and crowds and nations and tongues” will be unable to give her effective support. Already we see indications that her demise is near. (Rev. 16:12; 17:15-18; 18:7, 8, 21) In fact, a lack of support is now reflected in the news media, where religion and religious leaders are increasingly coming under attack. Even so, the leaders of Babylon the Great feel that they are in no real danger. How wrong they are! Following the proclamation of “Peace and security!” political elements of Satan’s system will suddenly turn on false religion and wipe it out. (1 Thess. 5:3) Never again will Babylon the Great be seen! Surely it is worth waiting patiently for such momentous events.—Rev. 18:8, 10. w13 11/15 2:13, 14

I stand in agreement with the original post I made of Bill Holter’s post on this page. I truly believe Bill Holter is spot on. What I have no clue about is this person that reposted this and the two links they posted at the bottom. What the hell is that have to do with the rest.

Greg, another great interview. I cannot state how nice it is to hear the truth in media instead of all the lies we are subjected to on a never ending basis by the MSM. Keep up the good work, Greg.

Gina, Hillary is as crooked as it gets. She will say or do anything it takes to win. Hillary is bought and owned by Wall Street, as well as many other organizations and/or people. Anyone with a a few brain cells can clearly see how incompetent and destructive that woman is, as she has proven it many times over during her time spent as SOS, private email server, her Libya scandal, just to name a few. Do you truly believe someone so incompetent would be good as commander in chief of our failing nation?

However, if you think Hillary would bring back the same type of economy we enjoyed back during Bill’s days, then you must believe in the Easter bunny and Santa as well. Times have changed and it is now the whole world that’s going down the financial drain.

Greg thank you for the great interview!
In April/May 2015 it did look like that the system will blow up in Sep/Oct 2015!
Now it looks for me that the Ende of this System is March/April 2016!
That is good for everybody who is not ready with preppering.
So take your money out of the system and start today with prepering and do not forget to get some Silver coins, if you have got a lot of money also Gold coins.
For europeans it will be better to move to eastern europe, there are no Musels.
The only difficult is to know the date to move on.

In Norway our currency have lost 30-35% against the us dollar and the oil price is begining to cause problems for a lot of companies. But norwegians still think everything is ok and is just focusing on the house prices ( everyone think that houses will make them rich).

You are right when you said that you are not sure if we can trust these sources 100%. As far as Dave Hodges (the common sense show) you can trust only half of what he says when it comes to the truth. He is consider among many in the ALT media crowd to be a fearmonger. That article that you gave to his site has a number of errors. ZeroHedge however, for the most part, is generally reliable.

See ‘The Big Short’ and demand change
Posted on December 21, 2015 by Danielle Park
Take your friends and family and go and see The Big Short this holiday season. Even if you have read Michael Lewis’s excellent book already, see the movie for some entertainment and further enlightenment. And then ask yourself and everyone else that you know:

“Why are these felonious banks not punished as felons? Why are they allowed to continue to perform fiduciary duties for pension funds? Why is a felon like Citigroup C not banned from lobbying legislators and regulators, and writing legislation, which it did in 2014, unless and until it has changed the culture that led to the criminality?

Why isn’t more transparency insisted on? Why aren’t customers of JPMorgan Chase JPM and Citigroup made regularly aware that they are doing business with admitted felons? Just as sex offenders are required in the public interest to disclose their history so that the public can protect itself, why aren’t banks that have admitted criminality required to post prominent notices in their branches and on their websites that they are admitted felons, at least until they have rooted out the incentives that have caused this criminal behavior?”

–See The Big Short: was it greed or accounting rules.

We cannot be distracted from the reforms needed in this foundational area. Capital is finite and needed in the real world and is now broadly captured and controlled by a handful of admitted criminals posing as ‘advisers’. In every way that we can we must vote with our money by moving our business and assets away from convicted felon institutions who have already admitted multiple times that they cannot be trusted and are out for their own profits at all costs to everyone else.

Until we demand reform and personal punishment and accountability for the banksters nothing changes, and we the people, will continue to suffer catastrophic financial cost. We simply cannot afford to continue this way. And we know how to fix this. We cleaned this cartel up once before in the 1930’s. Yes we can.

Tulip. I watched the trailers on youtube. I have not been to a theater in I don’t know when. There will be a lot not interested in a informative doc movie, so I hope it hits red box fast. Thanks for the post.

Greg,
I’ve ran across some rather disturbing information over the weekend. I’m sure you’ve heard about the bulk cellphone purchases and stolen propane tanks in Missouri?http://fox4kc.com/2015/12/10/dozens-of-propane-tanks-stolen-from-3-different-metro-locations/
Over the weekend one of my sources claims he talked to a Pratt County Kansas deputy who has told him that DHS is in Pratt Kansas investigating three empty Chloride Gas Train tankers found abandoned on an isolated track. It just seems to coincidental to me that this would be occurring at about the same time that the propane tanks went missing. Two plus two. Cell phones for detonators. Propane gas as delivery mechanisms. Chloride Gas…….well we all know that is the gas of choice on the battlefield in the middle east. My recommendation. Be alert during the Christmas Holidays and avoid large gatherings. I sure hope the hell I’m wrong.

The only ones who have used gas in the middle east is our friends at ISIS There was never any proof of the Assad regime ever resorting to using chemical weapons As a matter of fact he agreed to have all of his stockpile of chemical weapons destroyed and that was done Any insinuation of that is nothing more than propaganda being used in a desperate attempt to demonize Assad and make the people of the NATO world more receptive to their plans to destroy him WAKE UP people

Frederick, I never said anything about Assad. Like Greg said, it was never really determined who the real culprit was. But Chloride gas has been used several times on the battlefield in the middle east . Just ask the Kurds.

The real question you have to ask yourself is “Who are the real terrorists” considering its common knowledge who is supporting ISIS and who was behind 911 Everything is so upside down and backwards today how can you use rational judgement for anything That’s my opinion for what its worth

OK Greg, We’ll play along… We are the fans and you are the star of this show!!
Pardon the 1st person… I didn’t really get a lot new out of this interview but do find it interesting that these wealthy referred to don’t know what is coming??
On an economic note… we are getting back into rabbits as they are probably the most economic meat to raise and BBQ teriyaki is way tasty; chickens are good also but you really need a rooster to have the healthiest eggs and if one is in the city/suburb a rooster can be a 3:30/ 4:00 AM problem! Economics 101 for the man on the street!! Thanks for what you do Greg… for as long as it lasts.
Yours in Faith and Liberty, FN, DB.

Thank you DB. The wealthy are not smarter just richer–for not it appears. Connected smart money is buying gold by the ton that is for sure. People forget that part of investing is insurance, protection and wealth preservation. In short, sometimes winning is not losing and there are going to be a lot of losers. Thank you again for all your support and comments on this site!! Merry Christmas.
Greg

Hi Greg,
Do you think that in the future you might possibly interview someone on the un-industrialization of the U.S.? As a machinist by trade this is really something that needs to be explained without the spin of msm.
Right now manufacturing is in the toilet, and sinking deeper. “Economy 101” has always shown that without a capacity to manufacture there is no backbone to any economy. I’m not sure if many have a good understanding of this.http://prospect.org/article/plight-american-manufacturing
IMHO, there is no reason components need to be made elsewhere. Sadly this country is losing good people in this sector. Ones with experience. No one coming in to replace…

The sport of choice for the urban poor in D.C. is basketball. The sport of choice for maintenance level employees is bowling. The sport of choice for front-line workers is football. For supervisors, baseball. Middle management, tennis. And the sport of choice for corporate executives and officers is golf.

So here’s the facts. . . the higher you go in the corporate structure, the smaller your balls become!

The morale of the story is one can only assume that there is a boatload of
people in the Obama administration playing with marbles!

Also since the president plays both basketball [south side Chicago roots] and golf, it’s obvious he has a conflict of ball’s!

Greg ,why does OPEC continue to pump oil as the price falls even further ? Some say they want to eliminate the competition so they get their cartel powers back. They also want to hurt Russia who export a lot of energy but they seem to be doing more damage to themselves. Are there other reasons why they continue to add more oil to a shrinking market? In the past they restricted supply an scared us with threats of “peak oil.”

The dollar will keep rising as well as the stock market in this worldwide economy.
Worldwide investors are seeking the safe haven of the US propping up the King dollar and the market.
Europe will be the first to fall.
Money will move from public to private.
We are in an environment of lack of confidence in government.

“The American people, or at least a substantial minority of them, hopefully a powerful majority of them, are going to have to get sick and tired of this. They’re going to have to get angry about it. And they’re going to have to take action. That’s the only thing that I see as a way to salvage this republic before it sinks completely. Does that mean revolution? It might. It might indeed.” – Colonel Lawrence Wilkerson

“This Ship is SINKING”… US Empire “is NOT Sustainable” — U.S. Army Colonel Exposes The Unfixable Corruption Inside The “Corporate Complex” Establishment

A situation in which the concerns or aims of two different parties are incompatible.
“the conflict of interest between elected officials and corporate lobbyists”
a situation in which a person is in a position to derive personal benefit from actions or decisions made in their official capacity.
“Watson quit his job after questions about a possible conflict of interest”
A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial interest, or otherwise, one of which could possibly corrupt the motivation of the individual or organization. The presence of a conflict of interest is independent of the occurrence of impropriety.
A conflict of interest is a situation in which someone who has to make a decision in an official capacity stands to profit personally from the decision. For example, a judge who rules on a case involving a corporation in which he or she owns stock has a conflict of interest.
When a government official has a personal monetary interest in a matter up for vote, it is best for the official to abstain from voting to avoid the appearance of a conflict of interest. Good on ya Marco!

Wishful thinking but Hillary is not going to be charged with anything other than being fashion challanged. They are letting her have her run at the WH and failing on her own, thus settling their debt to her.

One common theme among Greg’s guests and other guests on similar websites is they all say we are going into some kind of Armageddon, a financial reset. While I do agree this is in the future, we are no where no this stage, in fact, the initial part of hyperinflation has not even started yet. Not only that, the power our banks have in the derivatives market is far beyond what most people give it credit for, the ability to control both sides of all trades is so unbelieveably powerful, if there is a crash, it will be exactly as planned, the depth, the duration, the whole thing. The only variable the banks cannot manipulate (in powerful proportions) is physical commodities (primarily the rare ones, like PMs). Our government (imho) will not allow this reset to take place until organic free market growth can occur naturally, and with the enormous elderly population (boomers) dependent on the system, they will not be able to support themselves in a reset, a reset prior to this will be an absolute Armageddon, again our government, the fed and the banks will not allow it. So gold and silver etc will continue to rise for many many years to come. The first conceivable window for a rest is between 2030 and 2031! This is when the last of the boomer hit life expectancy, this is when the younger generation in America can provide for themselves under a free market, since they will not have to support prior generations. So while all of these analysts/professionals/bullion brokers claim all hell is going to break loose in the USD, I’m sorry, but it will not; not until the powers running the show are ready. The new currency, whatever it may be, will certainly contain gold… another reason for these guys to “naturally” let the price rise, and rise it will, to unimagineable levels. The reset that most need to be concerned about is a currency reset, there are some very credible long wave counts that also portend a currency reset. As Greenspan says, you will not lose your “digital values in your accounts”, but the purchasing power of these is not guaranteed, ie it will be lost. The first stage of this currency bear should start in force in probably a matter of weeks now and take a breather around March 2016, but it will not be the end of the dollar or America as many seem to want you to believe. The USD will be thinned out for at least another 15-18 years. There is not a single commentator who says this, I cannot find one anywhere, which leads me to believe I’m closer to being right than many of these “professionals”. Good news is you will have plenty of time to buy metals going forward, your buy price though is a whole different matter.

To all who believe in Santa Claus…you are the same people who believe in politicians. They are one in the same, you want to feel good about them but they don’t really exist. It is all a rigged game …..Ted Cruz, his wife works for Goldman Sachs, Trump, he is a banker. All of them tell you what you want to hear, but will never deliver. You just want to believe so bad!!!! In the end ““Any politician who thinks they can fight the evil that has consumed the government is delusional or lying. There is no political solution.” Merry Christmas to all of you, and Greg, to you for all you do, Cheers!!!

Because of our national debt, and the policies of the Federal Reserve, and
congress, we have already gone over the edge of the cliff, and we haven’t
realized it, because our legs and feet are still moving, but we haven’t hit the
ground yet.

I don’t remember who said this of our country’s financial condition.
But it is an excellent analogy of where we are as a nation.

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Greg is the producer and creator of Greg Hunter’s USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin.

USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.